Disclosure certainty 4/5 debate potential 1/5

All QASymphony institutional investors rolled equity into merged Tricentis entity

David Keil · 1355 QASymphony Tricentis Merged Entity $80-100 ARR Going After DevOps Pie · Apr 10, 2019 · at 15:59

David Keil, CEO of QASymphony, explains the cap table mechanics and lack of investor cash-outs during their merger with Tricentis.

0:00 / 0:09exact quote · 9.7s
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“In, in this case, all of our institutional investors were, have been extremely, Excited to remain with the company and feel very confident. So they've rolled their investment forward.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from David Keil

Assertion Supported
Keil claims Micro Focus's legacy HP software business is declining rapidly
“HP merged with its software business with Microfocus a year ago. And it's again, public record that that business has been declining very rapidly.”
David Keil Apr 10, 2019 ▶ 7:01 1355 QASymphony Tricentis Merged Entity $80-100 ARR Going After DevOps Pie
Assertion Not checkable as stated
Merged Tricentis and QASymphony entity targets $80M to $100M ARR
“Yeah, yeah, yeah, we're gonna be in that 80 to a hundred range.”
David Keil Apr 10, 2019 ▶ 9:54 1355 QASymphony Tricentis Merged Entity $80-100 ARR Going After DevOps Pie
Prediction Not checkable as stated
Keil predicts merged Tricentis-QASymphony can reach a billion-dollar valuation
“We have no reason to believe we can't get to be a billion dollar company, and I'm sure there'll be some others that also have a similar path.”
David Keil Apr 10, 2019 ▶ 12:34 1355 QASymphony Tricentis Merged Entity $80-100 ARR Going After DevOps Pie
Assertion Not checkable as stated
QA Symphony Scaled to $20M ARR Run Rate in Under Four Years
“We've grown essentially from zero to twenty million in less than four years. It's a hundred percent of a recurring business model.”
David Keil Oct 15, 2018 ▶ 3:28 1178 How QASymphony Used Integrations to Drive 115% Gross Revenue Retention, $20m in ARR
Assertion Not checkable as stated
QA Symphony grows nearly 100% YoY to hit $20M ARR
“We continue to have nearly a hundred percent growth year over year. We're about to hit that twenty million recurring revenue mark this month. We'll celebrate that in about two weeks.”
David Keil Apr 10, 2019 ▶ 4:32 1355 QASymphony Tricentis Merged Entity $80-100 ARR Going After DevOps Pie
Disclosure
QA Symphony-Tricentis merger expects September close and year-end integration
“We expect to close that deal legally in early September and come together as one cohesive company by the end of the year.”
David Keil Apr 10, 2019 ▶ 5:46 1355 QASymphony Tricentis Merged Entity $80-100 ARR Going After DevOps Pie
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